Greeks.live researcher: Options data shows that Bitcoin bulls still have strength

According to BlockBeats, on April 18, Greeks.live researcher Adam posted on social media that although Bitcoin fell below the $60,000 mark and Ethereum fell below the $3,000 mark yesterday, and market panic spread extremely, the IV of major term options is declining significantly. This is mainly due to the sharp drop in the price of call options. The current monthly skew has hit a new low since this round of bull market, that is, the price of put options is much higher than that of call options, and the medium and long-term options have fallen to near the zero axis. From the perspective of option indicators, Ethereum's bulls are relatively fragile and have limited ability to lead the market. Bitcoin's bullish power still exists, and the halving will be this Saturday. This month's bull market still needs Bitcoin to lead.